QuantumCTek Is China’s First Quantum Quantum Tech Manufacturer to List on STAR Market in Shanghai
(AsiaNikkei) The shares of Chinese technology company QuantumCTek have set a record by soaring more than 1,000% on their first day of trading on the STAR Market in Shanghai.
The company bills itself as the first quantum information technology manufacturer to list on the science and technology board, the kind of cutting-edge “new infrastructure” that the government in Beijing wants to promote at a time when the U.S. is targeting Chinese companies by stepping up curbs on technology exports.
On its website, QuantumCTek claims to be a pioneer and one of the largest quantum information technology providers in the world. Besides hardware equipment, it provides quantum secure solutions for use in telecommunications infrastructure and cloud computing to customers in the government, financial and energy sectors.